0 UNIVERSITY AVE E

PID: 312922140095· 3 fields stubbed (see below)

Property Overview

Parcel ID312922140095

Lot Size42,253 sq ft (0.980 ac)

Lot Dimensions (est.)333 ft wide × 127 ft deep

Year Built—(stub)

Property ClassINDUSTRIAL, VACANT LAND

OwnerHEALTH PARTNERS REAL ESTATE

Assessed Value$252,700

Land Value$252,700

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

Saint Paul STAR Grants & LoansMedium

Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.

Saint Paul — STAR Program ↗

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

Payne-Phalen District 5 Planning Council · Saint Paul

Median reported rent1,099/mo

Renter-occupied41.8%

Median home value$190K

Vacancy rate7.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 330

Zoning

I2General Industrial

General Industrial — medium-intensity manufacturing and processing

Typical Uses

·Manufacturing
·Wholesale trade
·Freight terminals
·Salvage yards
·Breweries

Max Height75 ft

Min Setbacks

Front

0 ft

Side

0 ft (6 ft if adj. residential)

Rear

0 ft (6 ft if adj. residential)

Development Potential

Setbacks

Front15 ft

Side (each)0 ft

Rear0 ft

Estimated Buildable Footprint

Buildable width333 ft

Buildable depth112 ft

Area~23,489 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on mid-rise concrete (50+ units) benchmarks for 23,489 sqft buildable area.

Est. units

234

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 MISSISSIPPI ST	REGIONS HOSPITAL	COMMERCIAL VACANT LAND	$47,200	129 ft
0 UNIVERSITY AVE E	HEALTH PARTNERS REAL ESTATE	INDUSTRIAL, VACANT LAND	$165,800	135 ft
0 UNIVERSITY AVE E	HEALTH PARTNERS REAL ESTATE	INDUSTRIAL, VACANT LAND	$24,700	179 ft
355 UNIVERSITY AVE E	HEALTH PARTNERS REAL ESTATE	INDUSTRIAL, VACANT LAND	$143,600	204 ft
335 UNIVERSITY AVE E	HEALTH PARTNERS REAL ESTATE	COMMERCIAL VACANT LAND	$412,300	217 ft
645 OLIVE ST	SIEWERT PROPERTIES LLC	MANUFACTURING AND ASSEMBLY LIGHT	$5,062,800	250 ft
685 OLIVE ST	G AND K SERVICES INC	MANUFACTURING AND ASSEMBLY LIGHT	$5,794,900	374 ft
334 UNIVERSITY AVE E	DISTRICT ENERGY ST PAUL INC	IND WAREHOUSE	$402,900	439 ft
628 PINE ST	GEMINI LLC	IND WAREHOUSE	$674,100	452 ft
350 UNIVERSITY AVE E	BMM PROPERTIES LLC	IND WAREHOUSE	$1,751,700	480 ft

Property History

Most Recent Sale

Date2017-08-25

Price$1,200,000

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.